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Picks up fresh demand in Europe, early........>

CABLE
MNI (London)
CABLE: Picks up fresh demand in Europe, early demand spiked rate through
Thursday's post MPC high of $1.3110 to $1.3120 with current secondary buying
edging it on to $1.3125. Move sees EUR/GBP pressing hard on support at
Gbp0.8400. Cable resistance seen at $1.3138(50-mma) ahead of $1.3150/60.
Month-end could be an added influence. UK officially leaves the EU at 2300GMT,
PM Johnson to speech to be broadcast ahead at 2200GMT.
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com
MNI London Bureau | +44 203-586-2231 | john.webb@marketnews.com

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